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Adani Ports blacklisted by Norway's wealth fund
short by Pragya Swastik / on Thursday, 16 May, 2024
Norway's $1.7-trillion sovereign wealth fund has excluded Adani Ports and Special Economic Zone from its portfolio. The fund said Adani Ports was excluded "due to unacceptable risk that the company contributes to serious violations of individuals' rights in situations of war or conflict". "The decision is based on a recommendation from Council on Ethics of November 21, 2023," it added.
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